Saint John · MLS® NB149772
3,800 sq ft · 4,973 sq ft lot · House · Multi-family · 9 days on market
listed by Tim Somerville, Royal LePage Atlantic
Welcome to 9395 Elliott Row! This beautifully renovated 6-unit building in uptown Saint John is a fantastic investment opportunity. Featuring three bachelor units, one 1-bedroom unit, and two 2-bedroom units, the property offers spacious units, electric heat, and some off-street parking. With extensive renovations throughout, this property generates approximately $87,240 in annual rental income, with estimated net income of $71,300. Conveniently located close to all uptown amenities, this is a solid investment worth a closer look! Rents are currently - 2@ $995, $1025, $1195, $1395 and $1665. Approx. expenses are: Insurance - $2956, water/sewer - $2144, Taxes - $6740 and electricity - $4100. Approx total expenses -$15,940. Approx Net Income - $71,300.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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Walkability 0/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.